Knowledge Center

Business Tag

The IMD World Competitiveness Center has again ranked Hong Kong as the world’s most competitive economy for 2 years in a row, besting 62 other countries. Hong Kong has been consistently in the top 5 ranking in the published research for the past 4 years. ...

Introduction
The GCC nations have announced the introduction of VAT from the next year and preparation for the same is in full swing. Kingdom of Saudi Arabia (KSA) already published the draft VAT law on the website of General Authority of Zakat and Tax (GAZT). It...

RIYADH: The meeting of the Saudi-China Business Council in Beijing is expected to help boost trade and investment between the Kingdom and China, an official has said.
Abdullah Al-Mobty, chairman of the council, told Arab News that the business talks will coincide with King Salman’s visit...

Introduction
Economy of Kingdom of Saudi Arabia (KSA) has faced the worst hit of a sharp fall in oil prices and to deal with the situation efficiently and overcome the menace, the Government has launched various development and transformation programs to divert the economy from its...